Trade Strategy 8.14.20

Markets Record remains elusive It doesn’t look like the S&P 500 is going to achieve a fresh record closing high this week as futures contracts tied to the benchmark slipped 0.4% in overnight action. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Retail Sales8:30 Productivity … Continue reading

Trade Strategy 8.13.20

Markets U.S. stock index futures inched between gains and losses overnight following a steady August rally that pushed the S&P 500 to the cusp of fresh record high on Wednesday. Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:30 Import/Export Prices10:30 EIA Natural Gas Inventory … Continue reading

Trade Strategy 8.12.20

Markets U.S. stock index futures rebounded 1% overnight after the S&P 500 closed down 0.8% on Tuesday – snapping a seven-day winning streak – as the tech sector weighed on the benchmark. Source: SeekingAlpha.com Economic Calendar 8:30 Consumer Price Index10:00 Atlanta Fed’s Business Inflation Expectations10:00 Fed’s Rosengren: “U.S. … Continue reading

Trade Strategy 8.3.20

Markets S&P 500 futures advanced 0.3% overnight trading. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 9:45 PMI Manufacturing Index10:00 ISM Manufacturing Index10:00 Construction Spending Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Early successful test of CD1 resulted in end of month rally which … Continue reading

Trade Strategy 7.31.20

Markets Stocks are set to end the week on a high note after four of the biggest tech stocks – Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB) and Alphabet (GOOG, GOOGL) – reported quarterly results that beat high expectations. Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays8:30 Employment Cost … Continue reading

Trade Strategy 7.29.30

Markets S&P 500 futures advanced 0.2% overnight as traders awaited the Fed’s latest policy decision. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 International trade in goods8:30 Retail Inventories (Advance)8:30 Wholesale Inventories (Advance)10:00 Pending Home Sales10:00 State Street Investor Confidence Index10:30 EIA Petroleum Inventories11:00 Survey of Business Uncertainty2:00 PM FOMC Announcement2:00 … Continue reading

Trade Strategy 7.28.20

Markets U.S. stock index futures are 0.3% lower ahead of the big earnings announcements, which will include Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Alphabet (GOOG, GOOGL) in the coming days. Source: SeekingAlpha.com Economic Calendar FOMC meeting begins8:55 Redbook Chain Store Sales9:00 S&P Corelogic Case-Shiller Home Price Index10:00 Consumer Confidence https://www.investing.com/economic-calendar/ ***New: PTG … Continue reading

Trade Strategy 7.27.20

Markets Stocks are on the rise alongside safe-haven assets ahead of an upcoming Fed meeting that will yield clues on what comes next for monetary policy. S&P 500 futures advanced 0.6% overnight. Source: https://seekingalpha.com/ Economic Calendar 8:30 Durable Goods10:30 Dallas Fed Manufacturing Survey S&P … Continue reading